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Infosys' Vanguard deal value pegged at $1.5 billion, says it will move around 1,300 rolesThe multi-year deal Infosys won from US investment firm Vanguard is worth $1.5 billion, say sources close to the development. Infosys said ...- Infosys' Vanguard deal value pegged at $1.5 billionThe mammoth deal explains a good part of the surge in the company’s share price on Wednesday and Thursday last week, and the confidence the...
- IBM has 500 job openings in IndiaIBM put out over 500 job openings in India on its LinkedIn page in the last one week and over 200 new opportunities in just the last 24 hou...
- Cognizant will ask 400 more executives to leaveCognizant may ask around 400 executives to leave the firm as part of its realignment programme.
- FPIs cut stake in Infy, raise in TechM, TCSForeign fund managers have cut their stake in Infosys at a time when two whistleblower complaints hit the software major. In comparison, du...
- Infosys board under fire for ‘botch-up’Questions are being raised whether the board was proactive enough in defusing a crisis and in transitioning the professionally-managed co a...
- Cisco, Google benefit from Indian firms' use of H-1B programCisco’s use of the visa program has been the subject of public attention over the years, as its executives have lobbied for its expansion.
- IBM relocating key India leader back to USGranger is the leader of cloud application innovation at IBM Global Services. The news about Granger heading back to the US, some analysts ...
- India IT's woes spill over: Now Wall St banks tell them to fall in lineThe implicit interpretation points to hiring more US citizens rather than shipping employees.
- Wall Street banks ask tech companies to align with Trump rhetoricThe US administration's views on immigration had ruffled feathers in the $150-billion IT industry, turning the economics of an offshore str...
- US visa revamp poised to benefit big US tech, punish outsourcersThere are 85,000 H-1B visas distributed through a random lottery each year, and applicants rush to file by the start of the process, this y...
- IT sector growth to fall to 5.3 per cent in 2017: ResearchThe pessimistic estimates are a reflection partly of the widespread impact that digital disruption is having on the sector and political fa...
- Cognizant’s consulting head Mark Livingston quitsLivingston, who joined Cognizant in 2008, grew the consulting practice from 1,600 consultants to nearly 6,000.
- Infosys CEO Vishal Sikka, board face heat from foundersAccording to people close to the situation, some of the founders have expressed unhappiness at R Seshasayee-led board for not closely scrut...
- Infosys promotes over 170 top executivesThe promotions are at the levels of assistant vice president, vice president, senior vice president and executive vice president.
- For Infosys, it’s now growth over marginsInfy is handing out what in IT industry parlance is known as ‘volume discounts’ to retain certain marquee clients, people familiar with the...
- Vishal Sikka effect? Infosys' quarterly revenue growth fastest in 3 years at $476 millionQuarterly revenue growth was fastest in more than three years, with Infosys beating rival TCS for the first time in at least two years.
- Two more SAP executives Ritika Suri & Abdul Razack join Vishal Sikka at InfosysWith the addition of Ritika Suri and Abdul Razack, five senior executives from SAP have switched loyalties to Infosys since August 1.
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